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NZDCAD Profits + DXY To Extend Higher

NZDCAD Profits + DXY To Extend Higher

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As predicted by price action analysis, NZDCAD is on its way lower. Both price action and smart money analysis also predicted a bullish Dollar which is what we are seeing today. Price action traders are up around +80 pips for NZDCAD since…
Live Forex Trading Room DXY Bulls Back At The Table Plus BTC Longs

DXY Bulls Back on Table + BTC Longs!

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After a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low. Despite Powell's harsh comments about the US economy,…
Dollar Slips After FOMC, What's Next?

Dollar Slips After FOMC, What's Next?

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Opposed to Powell's last speech, his speech today was without a doubt dovish in tone. This had caused the Dollar to go from consolidating to being down -0.50% for the day. Although the interest rate will stay at <0.25% as it has been for…
DXY Creates New Low, Majors Rise?

DXY Creates New Low, Majors Rise?

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After ending last week with three consecutive selling days, the Dollar has opened up this week with a bullish response. It's tough to say if this is here to stay, or if more downside is on the way. After opening bullish last week, the Dollar…
USDCHF and US Oil Ready to Move HIgher (edited)

USDCHF and US Oil Ready to Move Higher

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As expected, today's Non-Farm Payroll release was positive and as a result, the Dollar is continuing its uptrend. With the Dollar continuing its push higher, USDCHF is also following its tracks. USDCHF has been on a downtrend since May 2019,…
AUDUSD Hits Target 1 + Dollar Shows Signs of Life

AUDUSD Hits Target 1 + Dollar Shows Signs of Life

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As suspected, the US Dollar Index was only creating a lower high, before heading lower. The index went as low as 89.700, before turning around during the London session. As a result of the Dollar selling off yesterday, intraday longs for…
Forex Lens Technical or Fundamental Analysis or Both

Technical Analysis, Fundamental Analysis or Both?

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Many newcomers to Forex trading are often at crossroads in deciding how they will approach their trading analysis. Do they fool around with the various indicators? Or do they worry about the pending CPI release later in the evening? The first…

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